TORTOISE INVESTMENT MANAGEMENT, LLC

Filed: 11/13/2025ACC: 0001580642-25-007255

📋 What this filing means

TORTOISE INVESTMENT MANAGEMENT, LLC filed this quarterly 13F‑HR report disclosing 1538 equity positions with a total reported market value of $1.12B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.

1538

Positions

$1.12B

Total AUM (reported)

20.94M

Total Shares

Allocation by class

CORE S&P500 ETF$101.47M9.0%

COM$86.76M7.7%

0-5 YR TIPS ETF$54.76M4.9%

US EQT ETF$37.37M3.3%

0-3 MNTH TREASRY$31.37M2.8%

COM SHS BEN IN$27.46M2.4%

MBS ETF$26.00M2.3%

Portfolio Concentration

Top 3$193.60M17.2%

4–10$171.88M15.3%

11–25$240.59M21.4%

Rest$516.71M46.0%

Top 3 weight

17.2%

Top 10 weight

32.6%

Voting Authority Distribution

Total shares with voting rights: 20.94M

Sole

Full voting authority

0.00

% of voting shares0.0%

Shared

Joint voting authority

0.00

% of voting shares0.0%

None

No voting authority

20.94M

% of voting shares100.0%

Investment Discretion (by position count)

Sole1538

Shared0

Other0

Dominant voting typeNone · 100.0% of voting shares

Institutional Holdings1538

Rows:

ISHARES TR

SOLE

CORE S&P500 ETF

Shares151.60K

TypeSH

Market value$101.47M

9.04%

Sole

0.00

Shared

0.00

None

151.60K

ISHARES TR

SOLE

0-5 YR TIPS ETF

Shares529.77K

TypeSH

Market value$54.76M

4.88%

Sole

0.00

Shared

0.00

None

529.77K

AMERICAN CENTY ETF TR

SOLE

US EQT ETF

Shares343.78K

TypeSH

Market value$37.37M

3.33%

Sole

0.00

Shared

0.00

None

343.78K

ISHARES TR

SOLE

0-3 MNTH TREASRY

Shares311.55K

TypeSH

Market value$31.37M

2.79%

Sole

0.00

Shared

0.00

None

311.55K

BLACKROCK MUN TARGET TERM TR

SOLE

COM SHS BEN IN

Shares1.22M

TypeSH

Market value$27.46M

2.45%

Sole

0.00

Shared

0.00

None

1.22M

VANGUARD SCOTTSDALE FDS

SOLE

LONG TERM TREAS

Shares426.95K

TypeSH

Market value$24.28M

2.16%

Sole

0.00

Shared

0.00

None

426.95K

J P MORGAN EXCHANGE TRADED F

SOLE

MUNICIPAL ETF

Shares476.37K

TypeSH

Market value$24.04M

2.14%

Sole

0.00

Shared

0.00

None

476.37K

SCHWAB STRATEGIC TR

SOLE

US TIPS ETF

Shares849.08K

TypeSH

Market value$22.88M

2.04%

Sole

0.00

Shared

0.00

None

849.08K

SIMPLIFY EXCHANGE TRADED FUN

SOLE

MBS ETF

Shares418.32K

TypeSH

Market value$21.06M

1.88%

Sole

0.00

Shared

0.00

None

418.32K

ISHARES INC

SOLE

CORE MSCI EMKT

Shares315.25K

TypeSH

Market value$20.78M

1.85%

Sole

0.00

Shared

0.00

None

315.25K

DOUBLELINE ETF TRUST

SOLE

MORTGAGE ETF

Shares403.64K

TypeSH

Market value$20.05M

1.79%

Sole

0.00

Shared

0.00

None

403.64K

SCHWAB STRATEGIC TR

SOLE

US LRG CAP ETF

Shares742.37K

TypeSH

Market value$19.55M

1.74%

Sole

0.00

Shared

0.00

None

742.37K

ISHARES TR

SOLE

CORE S&P TTL STK

Shares128.25K

TypeSH

Market value$18.68M

1.66%

Sole

0.00

Shared

0.00

None

128.25K

ISHARES TR

SOLE

RUS 1000 ETF

Shares48.42K

TypeSH

Market value$17.70M

1.58%

Sole

0.00

Shared

0.00

None

48.42K

DIMENSIONAL ETF TRUST

SOLE

US CORE EQT MKT

Shares367.37K

TypeSH

Market value$16.81M

1.50%

Sole

0.00

Shared

0.00

None

367.37K

SPDR S&P 500 ETF TR

SOLE

TR UNIT

Shares41.74K

TypeSH

Market value$16.23M

1.45%

Sole

0.00

Shared

0.00

None

41.74K

WISDOMTREE TR

SOLE

EMG MKTS SMCAP

Shares277.60K

TypeSH

Market value$15.85M

1.41%

Sole

0.00

Shared

0.00

None

277.60K

VANGUARD INDEX FDS

SOLE

VALUE ETF

Shares84.47K

TypeSH

Market value$15.75M

1.40%

Sole

0.00

Shared

0.00

None

84.47K

SCHWAB STRATEGIC TR

SOLE

INTL SCEQT ETF

Shares345.31K

TypeSH

Market value$15.72M

1.40%

Sole

0.00

Shared

0.00

None

345.31K

EA SERIES TRUST

SOLE

ALPHA ARCH 1-3

Shares136.46K

TypeSH

Market value$15.54M

1.38%

Sole

0.00

Shared

0.00

None

136.46K

SPDR INDEX SHS FDS

SOLE

PORTFOLIO EMG MK

Shares320.97K

TypeSH

Market value$15.02M

1.34%

Sole

0.00

Shared

0.00

None

320.97K

ISHARES TR

SOLE

CORE MSCI EAFE

Shares159.93K

TypeSH

Market value$13.96M

1.24%

Sole

0.00

Shared

0.00

None

159.93K

APPLE INC

SOLE

COM

Shares64.49K

TypeSH

Market value$13.88M

1.24%

Sole

0.00

Shared

0.00

None

64.49K

VANGUARD INDEX FDS

SOLE

TOTAL STK MKT

Shares39.49K

TypeSH

Market value$12.96M

1.15%

Sole

0.00

Shared

0.00

None

39.49K

ANGEL OAK FUNDS TRUST

SOLE

INCOME ETF

Shares616.11K

TypeSH

Market value$12.88M

1.15%

Sole

0.00

Shared

0.00

None

616.11K

Issuer	Class	Shares	Type	Value / Portfolio %	None
ISHARES TRSOLE	CORE S&P500 ETF	151.60K	SH	$101.47M 9.04%	151.60K
ISHARES TRSOLE	0-5 YR TIPS ETF	529.77K	SH	$54.76M 4.88%	529.77K
AMERICAN CENTY ETF TRSOLE	US EQT ETF	343.78K	SH	$37.37M 3.33%	343.78K
ISHARES TRSOLE	0-3 MNTH TREASRY	311.55K	SH	$31.37M 2.79%	311.55K
BLACKROCK MUN TARGET TERM TRSOLE	COM SHS BEN IN	1.22M	SH	$27.46M 2.45%	1.22M
VANGUARD SCOTTSDALE FDSSOLE	LONG TERM TREAS	426.95K	SH	$24.28M 2.16%	426.95K
J P MORGAN EXCHANGE TRADED FSOLE	MUNICIPAL ETF	476.37K	SH	$24.04M 2.14%	476.37K
SCHWAB STRATEGIC TRSOLE	US TIPS ETF	849.08K	SH	$22.88M 2.04%	849.08K
SIMPLIFY EXCHANGE TRADED FUNSOLE	MBS ETF	418.32K	SH	$21.06M 1.88%	418.32K
ISHARES INCSOLE	CORE MSCI EMKT	315.25K	SH	$20.78M 1.85%	315.25K
DOUBLELINE ETF TRUSTSOLE	MORTGAGE ETF	403.64K	SH	$20.05M 1.79%	403.64K
SCHWAB STRATEGIC TRSOLE	US LRG CAP ETF	742.37K	SH	$19.55M 1.74%	742.37K
ISHARES TRSOLE	CORE S&P TTL STK	128.25K	SH	$18.68M 1.66%	128.25K
ISHARES TRSOLE	RUS 1000 ETF	48.42K	SH	$17.70M 1.58%	48.42K
DIMENSIONAL ETF TRUSTSOLE	US CORE EQT MKT	367.37K	SH	$16.81M 1.50%	367.37K
SPDR S&P 500 ETF TRSOLE	TR UNIT	41.74K	SH	$16.23M 1.45%	41.74K
WISDOMTREE TRSOLE	EMG MKTS SMCAP	277.60K	SH	$15.85M 1.41%	277.60K
VANGUARD INDEX FDSSOLE	VALUE ETF	84.47K	SH	$15.75M 1.40%	84.47K
SCHWAB STRATEGIC TRSOLE	INTL SCEQT ETF	345.31K	SH	$15.72M 1.40%	345.31K
EA SERIES TRUSTSOLE	ALPHA ARCH 1-3	136.46K	SH	$15.54M 1.38%	136.46K
SPDR INDEX SHS FDSSOLE	PORTFOLIO EMG MK	320.97K	SH	$15.02M 1.34%	320.97K
ISHARES TRSOLE	CORE MSCI EAFE	159.93K	SH	$13.96M 1.24%	159.93K
APPLE INCSOLE	COM	64.49K	SH	$13.88M 1.24%	64.49K
VANGUARD INDEX FDSSOLE	TOTAL STK MKT	39.49K	SH	$12.96M 1.15%	39.49K
ANGEL OAK FUNDS TRUSTSOLE	INCOME ETF	616.11K	SH	$12.88M 1.15%	616.11K

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